Citi and Bank of America Torpedo Net Zero for their New Year’s Resolution
“America’s largest banks are making a new year’s resolution to turn back on their climate promises, disgracefully ending 2024 – a year marred by continued bank funding for fossil fuel…
A Wells Fargo Holiday Secret: Canceling Its Commitment to Net Zero
December 23, 2024 — Wells Fargo quietly exited the Net Zero Banking Alliance (NZBA), announcing the move on a Friday afternoon ahead of a holiday week with no explanation. Wells…
We Need an Economy that Doesn’t Kill Us
Kicking off New York Climate Week, RAN and Parliamentarians for a Fossil Free Future organized Financing the Future: Aligning Finance with the Promise of the Paris Agreement, a forum focused…
New Evidence Questions the Credibility of Multi-billion Dollar “Sustainable Finance” Deals Arranged by Japanese Megabank MUFG
As Billions in finance have flowed to the Royal Golden Eagle Group, deforestation connected to the giant conglomerate continued August 27, 2024 – San Francisco, CA – Today, Rainforest Action…
Fossil Fuel Financing reaches $6.9 Trillion since the Paris Agreement
Fossil fuels are a dead end for people and the planet. Big banks are financing them anyway. 2023 was the hottest year ever recorded, with an average global surface temperature…
Banking on Climate Chaos: Fossil Fuel Finance Report 2024
The world’s 60 biggest banks poured over $6,900,000,000,000 over 8 years into the fossil fuel industry, driving climate chaos & causing deadly local community impacts.